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Business

Troubled companies wrestle with issue of CEO salary

B>NEW YORK:/BWhen the new chief executive of Kmart takes the company's jet for personal trips, he will have to pay for it. His base salary is lower than that of the company's former CEOs, and he got no signing bonus.

Business

CEO: Right work culture, systems vital ingredients for success

LOCAL companies should try to emulate their counterparts in Western countries in creating the right work culture and having the appropriate systems in place for them to succeed, BHLB Pacific Trust Management Bhd chief executive officer Paul Low Hong Ceong said.

Business

Staying on top in the city the Moneypenny way

By Tan Kah Peng

Business

Palm oil needs environ council

FORMER Unilever Plantations International group chairman Datuk Leslie Davidson has called on the local palm oil industry to establish an Environment Council in collaboration with several non-governmental organisations (NGOs).

Business

IJM Plantations to develop land, upgrade plant capacity

IJM Plantations Bhd (IJMP) plans to invest up to RM80mil over the next three years in developing land reserved for oil palm and expanding plant capacity.

Business

Celcom bullish about new satellite service

CELCOM (Malaysia) Bhd is targeting 60,000 subscribers within two to three years for its I>TMTouch ACeS /I>satellite service that will put almost any location in Asia, however remote, within reach of a phone call or e-mail.

Business

MBf unveils Visa card

MBf Cards (Malaysia) Sdn Bhd has launched its first I>Visa/Icredit card, which offers packages targeted at those who are concerned about ecological issues and personal health.

Business

Harn Len doubling palm oil mill capacity

HARN Len Corp Bhd, which assumed the listing status of Sportma Corp Bhd on the KLSE second board yesterday, plans to double its palm oil mill production capacity to 40 tonnes per hour by this year.

Business

Ipoh Team shifts from construction to new areas

IPOH Team Sdn Bhd, which started as a construction company 10 years ago, is now focusing on project management, building septic tanks and selling products to clean up spills.

Business

Envoy upbeat on Ecuador’s growth potential

ECUADOR, famous for its violent volcanic eruptions, has its fair share of economic and social problems. But its ambassador to Malaysia, Dr Marco Tulio Cordero, is confident that the situation is on the mend.